Unlock your trading potential!

News

Watch the 100 hour MA in the S&P today

The 100 hour MA comes in at 2526.95 It is Friday. It is month/quarter end. There is expectation that there may be quarter and rebalancing to the buy side.  However, let me repeat, it is Friday and the coronavirus risks high over the weekend as Italy, Spain, US, New York City are in the spotlight when markets will be closed.
Mar 27, 2020 Read more

US U Mich March final consumer sentiment 89.1 vs 90.0 expected

University of Michigan consumer sentiment for March 2020: ForexLive
Mar 27, 2020 Read more

AUDUSD peaks and rolls over

Trades to new session lows in the New York session On the downside, there is support near the 0.5973 to 0.59845 area. That is home to swing highs going back to March 19 March 20 March 24 and March 25. Yesterday the price extended above that level on its way to the high today.
Mar 27, 2020 Read more

Poloz: Policy rate is now at the effective lower bound

Bank of Canada opening statement after cutting rates ForexLive
Mar 27, 2020 Read more

US major indices open the day lower

It's Friday. It's the end of the quarter. Coronavirus fears dominate A snapshot of the major indices near the open are showing: in other markets: in the US debt market yields are lower with the yield curve flattening:
Mar 27, 2020 Read more

The USDJPY ping pongs between the 100 and 200 day MAs. Waiting for a shove.

100 day MA above and 200 day MA below The USDJPY is trading lower in sympathy with lower stocks, lower rates today (at least that is the reaction today). Yesterday, stocks were higher and rates were marginally lower and the USDJPY moved lower. So there is some uncertainty with the correlation between rates and stocks and
Mar 27, 2020 Read more

Bank of Canada will hold press conference at 9:30 am ET. Watch live

Poloz and Wilkins to appear The BOC will publish the opening statement at the bottom of the hour. The press conference will be via teleconference. I will add a live stream to the event here when it's available.
Mar 27, 2020 Read more

USDCAD trades to a new session high after emergency rate cut

The 1.4150-63 is being tested after emergency rate cut The Bank of Canada had a another emergency rate cut of 50 basis points that has taken their target rate to 0.25%.
Mar 27, 2020 Read more

Bank of Canada full rate statement from the March 27 rate cut

Bank of Canada cuts rates by the 50 basis points to 0.25% The full statement from the Bank of Canada: The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the
Mar 27, 2020 Read more

Bank of Canada cuts rates to 0.25%

BOC cuts to 0.25% from 0.75% The strength in Canada over the past few days doesn't make any sense but one factor might have been rates. At 0.75% the BOC was the highest among developed central banks. US T-bills were negative but Canadian equivalents still had a 'decent' yield at around 0.5% out to six months.
Mar 27, 2020 Read more

Disclaimer: The trade in Forex and Cryptocurrencies can generate significant benefits but also involves a risk of partial or total loss of funds and should be considered by the initial investors. We recommend you that you read our terms and conditions and the disclaimer page before making any investment. The clients should be aware of their individual capital gain tax liability in their country of residence. This website is independent of forex and crypto brokers featured on it. Before trading with any of the brokers, potential clients should ensure they understand the risks and verify that the broker is licensed. The website does not provide investment services or personal recommendations to clients to trade forex and crypto options.

USA regulation notice: Cryptocurrencies companies are not regulated within the United States. These companies are not supervised, connected or affiliated with any of the regulatory agencies such as the Commission of Futures of Commodities (CFTC), National Futures Association (NFA), Securities Commission (SEC) or Regulatory Authority of the Financial Industry (FINRA).

Disclosure of Risk: cryptotrixi.com don't accepts responsibility for loss or damage as a result of trust in the information contained in this website; This includes educational material, automatic operations, and graphics, and analysis. Please remember, the user has to be aware of the risks associated with trading in financial markets. Profits may vary according to market conditions and each user. The profits and results, we recommend you read the terms and conditions. In case the potential client does not understand the risks involved, he/she should seek advice or consultation from an independent advisor. If the potential client still does not understand the risks involved in trading in any financial instruments, he/she should not trade at all.